Vietsovpetro discovers fresh oil at Meo Trang

The Russian-Vietnamese oil and gas joint venture, Vietsovpetro, has announced that it had discovered a new oil supply at its Meo Trang (White Cat) site on Tuesday.

The oil was discovered at a depth of 3,350m and measured to produce 250cu.m per day.

Vietsovpetro Deputy Director Tran Van Hoi, who is also in charge of geological surveys, said that the offshore White Cat site was located southwest of the Bach Ho (White Tiger) mine.

Based on its geological potential and exploratory drilling, the White Cat site might be a potentially great new source of oil.

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Posted by VBN on Aug 26 2011. Filed under Oil-Gas & Petroleum. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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